You buy a bond for $980 that has a coupon rate of 8% and a 10-year maturity. a year later, the bond price is $1,200. (assume a face value of $1,000 and annual coupon payments.)

a. what is the new yield to maturity on the bond?

Studies have concluded that a college degree is a very good investment. Suppose that a college graduate earns about 7575 % more money per hour than a high-school graduate.

Which of the following securities is exempt from registration under the Securities Act of 1933? a. Shares of nonvoting common stock provided their par value is less than $1. b.

Suppose a statistical study finds that the demand for Brand X automobile tires is Q = 800 minus- 5P, where Q is the number of Brand X tires sold per year (in thousands of tires), and P is the price per tire.

Physical examination: A. Is generally not considered to be a reliable form of evidence. B. Can be used to test both tangible assets and documents. C. Is a means to verify that existing assets are owned by your client. D.

Consider the following statement: Local government bans on plastic grocery bags due to environmental concerns have led to increased emergency room visits and deaths related to harmful bacteria such as E.

Orange Corporation is developing standards for its products. Product A requires a material that is purchased for $80.00 per pound from the supplier. By paying cash, the company gets a discount of 3% off this purchase price.

The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Sheet Sales $ 42,800 Current assets $ 17,500 Long-term debt $ 37,000 Costs 35,500 Fixed assets 68,300 Equity 48,800 Taxable income $ 7,300 Total $ 85,800

Which of the following is a positive economic statement? A. The government should implement a national consumption tax. B. The standard of living in the United States is too low. C. The U. S.

Rachel is working on a project that technically allows three activities to be done at the same time. if they were to be implemented at the same time, she would need 5 contractors in order for the activities to be completed on time.

In one to three sentences, describe reliable financial information.